food – Page 9 – Shortwoman.com

I’d Bet a Dimon It

Oh Jamie, Jamie, Jamie. Me thinks thou dost protest too much.

JP Morgan Chase CEO Jamie Dimon was actually able to say with a straight face that the reason the economy has stalled is too much banking regulation. Somebody pass the man a fire extinguisher; his pants are surely ablaze. Fed officials “dispute” it. Heck, when Jim Cramer says you’ve gone too far, that’s a big hint.

We already — still — have a problem where banks think the rules don’t apply to them. That’s even more true at the “too big to fail” institutions. The Feds can’t make banks follow the law. The states don’t even have authority to make them follow the law. And yet Jamie thinks he has too many regulations?

Just ignore those pesky regulations, Jamie. Keep ignoring the law. And especially, ignore those angry consumers who are tired of getting screwed.

In closing: on health care; Jesus wouldn’t approve of Ayn Rand; national debt; local news; spam; band-aids on a bullet wound; I hope it never happens to his wife; the elements; food prices going up; wage “growth“; Hooverites; fossil sea turtle; and the continuing saga of Whitney Elementary.

Another Book Review

This time, the BlogHer book event is A Discovery of Witches by Deborah Harkness. My version is right here. Next up will be Terry McMillan’s Getting to Happy.

In Closing: Ezra; Beetles; Faux-pas; finances; debt; wieners; banks; speculation; carbs; demand; testing; Reich; and free books.

The Recovery

I was reading along, minding my own business, when I came across this USAToday item about how Americans have come to expect that they won’t be in any better financial situation next year. Near the bottom is buried this little gem, emphasis mine:

A typical recovery pattern goes like this: stock market bottoms, economic growth bottoms and then hiring and wage increases return. What’s unique and scary about this recovery is that the last piece of the recovery is not there.

The author goes on to talk about how weak job creation has been throughout this “recovery”. It’s almost like he was thinking of this chart from Calculated Risk:

Now let’s keep in mind the various bits of financial news we’ve had this week: there were only 54,000 jobs created in May, barely enough to employ a third of the people new to the job market; housing prices are officially in a “double dip“; major stock market indexes are down for the 5th week in a row; 45 banks have failed this year, and almost a thousand more are in trouble; certain forces in government are talking about severe austerity that would cripple job growth and throw millions of people into poverty and disease, despite the contrary wishes of the American people.

Now tell me, where exactly do we get the idea that despite all this, we are actually in some sort of “recovery”? Only if you measure corporate profits without any regard for Human-Americans do we have anything of the sort.

In closing: history for sale; Roman fishing vessel may have had a live storage tank; sluts must be punished; at least they admit that meat isn’t the only source of protein (I also like the emphasis on fruits and veggies over grains); damned liberal facts!; truth isn’t what the media wants you to believe; I don’t quote the good professor enough; depressing; 3rd grade; 60 small changes; HA! Manager comes up with a check fast when the moving truck and sheriff’s deputies show up!; turns out that physical activity is good for kids (who knew???); and the War On Drugs is officially a FAILURE.

I Saw the Shorties

I have got to get into the habit of little posts throughout the week. Today’s items are a little mind-blowing.

On Taxes and Debt: Two graphs.

On Inflation: Core rate is crazy.

Explains the Popularity of Certain People: Most people just don’t read books.

I wonder if they’ll remember this come fall: Americans want to nearly double fuel efficiency standards.

Danger, Mistress: Alert the Doctor, Sarah Jane has been traveling solo.

Sadly, probably not a world record: One man eats 25,000 Bic Macs over 13,800 days. I feel bloated just thinking about it.

Speaking of bloating: 513 illegal immigrants in 2 trucks.

Sure, that’s your money, but you can’t have it! You’d just spend it on food and shelter: The Senate wants to “save” you from spending your own 401k funds in an emergency.

Record Used Car Prices: and it’s not just “Cash for Clunkers” that got us here, but the recession and Japan’s earthquake/tsunami issues.

“Banks Say Simpler Mortgage Form Could ‘Stifle’ New Products”: by “stifle“, they mean “make it harder to trick you into getting a mortgage that will gradually strangle your finances.”

On living within your means: If it weren’t for credit cards, the American economy would suck even worse.

On Bid Laden’s Security: It involved about 100 flash drives.

Millenials Have No Clue: They think that they are precious snowflakes that deserve jobs, despite reality.

If you’re going to be out of town for a while, make sure somebody is watching your place: you never know when somebody might set up a brothel inside.

Reid Dares Them: Yeah, go ahead and vote to gut Medicare. Do it. I dare you.

Huh?: Obama says Israel needs to go back to its 1967 borders and like it?? Oy, that will put some people in a tizzy.

Here’s a Hint, Janet: Stop treating us all like criminals. Enough with the nudie scanners. Enough with the probulators. Enough with confiscating our water bottles while letting real threats through. Enough with the Do Not Fly list and other shit that doesn’t keep us safe.

That is all.

International No Diet Day

International No Diet Day is May 6. I know some of my readers practice “No Diet Day” every day, and I mean them no offense by this post. I recognize that there is a small minority of people — mostly people with a decades long history of dieting and failing and/or people recovering from eating disorders — for whom dieting is a detrimental if not downright pathological activity.

I first learned of the existence of this day from this defacement of their Wikipedia entry. As a result, I took a look at their website. It makes my brain hurt. From it’s whimsical use of Comic Sans in a serious document to it’s chronic misuse of scientific information, I just can’t imagine taking International No Diet Day seriously.

One of the goals of the occasion is to “Recognize how dieting perpetuates violence against women”. Excuse me? There are people who assault women over the issue of dieting? Failing to “recognize” that, here! I’m sorry for the narrow-minded viewpoint that “violence” implies “physically hurting someone,” but Merriam-Webster’s got my back on this one. Am I seriously missing news stories about women being beaten up for eating a donut? For not eating a donut?? To add insult to imagined injury, I can’t find any information on their site that would support or clarify this goal. If they want to argue that there are people who make fun of dieters and people who make fun of fat people, I can agree with that. Calling it “violence” undermines their movement.

Let’s move on to their “facts” and figures about dieting. Between “90 and 99%” of diets don’t work forever? Pretty big range there! Sure would have been nice to link to a study or two, preferably ones that use those numbers. There’s reasons for diet failure, of course, and most of them can be controlled. Then “virtually all” dieters gain it back? That’s a big shock to me, my family, my friends, and many people on the internet.

Yes, it’s true that the “diet industry” and diet scams earn a lot of money from people who desperately want to get thin, but can’t get the hang of eating healthy foods in reasonable quantities and engaging in physical activity. Want to have a “Boycott Diet Industry Vultures Day”? A “Say No To Crappy Diet Food Day,” or “No Diet Shakes for Me Day”? Perhaps just simply a “Don’t Waste Money On Stuff That Doesn’t Work Day”? I’m there.

In the end, the “facts” and figures section has a lot of statistics and mentions studies, but provides no data or links or actual scientific papers to back them up. 5% of college aged women are anorexic or bulimic? Seriously? Based on what information? Almost a third of women in their 20s and early 30s have bone mass problems? Really? Tell me, did the makers of Boniva do that study? Where did the data on 9 and 10 year olds dieting come from, a child modeling agency? How hard is it to find citations online? There’s these miracle things called “search engines” now. An English teacher would have a “Field Day” with “International No Diet Day.”

There is one more “goal” that needs mentioning, one apparently too controversial for the frontpage of their site or the Wikipedia entry: “To educate the public about the dangers of weight-loss surgery, diet drugs, and size-biased medical treatment.” By “size-biased medical treatment,” they mean the idea that your doctor thinks you will be healthier in the long run if you lose some weight and keep it off. Here’s the facts: study after study shows that obese people are at higher risk for a variety of cancers (oh look, I used a search engine to find a gaggle of studies!); obesity is a major risk factor for heart disease; obesity is a risk factor for osteoarthritis in the joints of the lower body; obesity is a risk factor for diabetes (at least one doctor I know insists that if you are overweight, you will eventually become diabetic. Sobering stuff). If it is “size-biased medical treatment” to point these things out, I hope all doctors are so biased.

In Closing: TV ownership in America on the decline, both due to poverty and internet delivery of video; FDA getting ability to do something about food safety; flashmob robbery; waaah; small business hiring disappointing; we’ve all gone crazy; Orwell would be proud indeed; propaganda; “Dude, I need, like, about 250 sliders, man”; thank you, anti-vax morons; and an interesting view of 2012.

Recipe Day!

Disclaimer: I haven’t actually tried to cook any of these items. But they sound and look tasty.

Let’s start off with some traditional Mexican food. Then let’s add some Tacos De Carnitas. Yum.

Summer is almost here and that means plenty of opportunity for cookouts, picnics, and potlucks. Sounds like a place for Balsamic Cole Slaw!

Ever wonder how to make your own yogurt? Wonder no more.

Save this one for Fall: Italian Hot Chocolate.

I know the last couple posts have been a bit dry. Fresh stuff over the weekend.

Ignore Them

I am completely disgusted with pretty much all politicians, and even more so with politicians that try to position themselves as “I’m a [insert noun] first, not just another politician.” Those ones are dangerous because half the time they don’t understand what the heck they are dealing with. I’m talking to you, Dr. Joe Heck!

I’m tired of politicians who think we can balance the budget without increasing taxes.

I’m tired of politicians who think we can balance the budget without addressing our 2 1/2 wars.

I’m tired of politicians who think that just because I’m not 55 yet, I just need to kiss Social Security goodbye.

I’m tired of politicians who are so ignorant of history that they think there can be a “private sector” solution to Medicare.

I’m tired of politicians who use the phrase “death tax,” when only a few thousand people will ever pay it.

I’m tired of politicians who use coded words to whip the ignorant into a frenzy. (“Domestic enemy”? Why not just call him Satan or the Anti-Christ? What a shame that you really mean he’s an “uppity ******”!)

And most of all, I’m tired of the other politicians who won’t call them out on this nonsense. Don’t even get me started on the media that lets them lie on the air and call it the truth.

Go ahead. Close down the government. Do it! Do it right at “tax day” and completely screw yourselves.

In Closing: defense; a man and his boat; two takes on dessert sushi; WHY??; if you won’t stop for humane reasons, or justice reasons, how about fiscal reasons?; about time; I like Kathy; it’s all about cheap labor; gaming inflation through housing prices; if you haven’t heard about the real Tea Party yet, watch it today; resist BAMTOR; I knew this would happen! Throw the book at them!; and a picture of a random cat. If anybody knows the source, put it in comments so I can attribute it:

Slight Overreaction

I’m having trouble figuring out where to begin on this one.

So Steven Seagal is now filming his little cop-show in Arizona, with Everyone’s Least Favorite Sheriff, Joe Arpaio. Mr. Seagal just happened to be along on a little raid of a suspected cock-fighting operation. Rather than do something rational like knock on the door yelling “THIS IS THE POLICE AND WE HAVE A WARRANT!”, somebody decided that the most prudent way to conduct this operation was to have “armored vehicles, including a tank” come through the neighborhood and knock one wall of the suspect’s home down. Neighbors panicked and called 911. It turns out that the suspect was alone and unarmed in the home. In the end, “Thousands of dollars in damages were made to the property and 115 birds were euthanized on the spot.”

Now, I’m going to ignore the nagging suspicion that maybe the chickens were in fact run over by the tank.

I’m even going to ignore the fact that the suspect in this case is still a suspect — innocent until proven guilty and all — who has just had his home made uninhabitable and un-securable. Nor will he be able to make arrangements for repairs to make his home secure until he can post bail or be found innocent. In other words, he’d better plan on never seeing any of his possessions again.

I’ll even ignore the undue fear created by police officers in the community, the role of the TV cameras, and all the controversy that curls around Sheriff Arpaio like Rapunzel’s hair.

Here’s my question: in a day and age of budget cuts everywhere, how and why does any civilian law enforcement agency own and maintain a TANK?

Seriously, with cash-strapped state and local governments everywhere you look, don’t you think that just maybe the tanks and other armored vehicles should be the first thing to go? Is it really that important to be able to knock down the occasional wall? And if so, wouldn’t it be more cost effective to rent an tank team from the local National Guard unit for the afternoon?

Not even Radley Balko knew what to say about this one. What a shame he’s moving to HuffPo.

In closing: HowTo; Sahara; Democrats don’t do P90X?; zombie nuclear dump; flipflop; Thorium; who could have thought that “metabolic abnormalities in obese teens may relate to poor diets”??; Busted has a point; shirt; uncertainty; and that’s it for the day.

Canibal Shorties

Pesky Government Regulations: Saved lives.

A question of scale: Nope, not toys. It does make you wonder how big a quake caused this.

Tell me why we do this every Spring and Fall again: Not even cows like Daylight Savings Time.

They say they want to save money, then they prevent us from doing it: comparative effectiveness review and Medicare.

Doin It Live!: Public database for safety complaints.

Seriously?: Apparently I live in a dangerous Spring Break destination. Sorry, I’m not feeling it. Oh, I should probably say something about the Sahara closing down in a couple of months, but I’ll let Steve do it.

I love seeing a genuine economist say this: “Ayn Rand Is Full of Crap.” He has to point out that she wrote fiction.

That’s a real diet buster: It’s easier than you might think to eat a 2000 calorie meal at In-N-Out.

We’re off to a great start: 31 Most Ridiculous Quotes of 2011 So Far.

A New Political Party?: The People‘s Party.

Granny’s gonna live longer anyway: on the demographics of the employed and unemployed.

So Be It?: We may have added 222,000 private sector jobs last month, but massive government budget cutting may delete 710,000 old jobs. Can we afford that kind of budget cutting?

Wasn’t Universal Failure the Goal?: 82% of public schools may eventually be “failing,” even ones that by every other measure perform well. That’s what happens when “better” is your only goal.

A Nobel Winning Economist Isn’t Good Enough: for the Federal Reserve.

Flashbang: Potentially deadly against cops, deadly against suspects, deadly against the innocent.

She’s baaaaaack!: Sharron Angle.

Confused: If terraists can allegedly turn the oxygen masks in a plane into a weapon, why can’t terraists do it from their seats?

Only in Vegas: Ladies and gentlemen, the Chip Monk.

Connecting the Dots

Today, the SEC announced fraud charges against a third banker for selling worthless and non-existent mortgages to Colonial Bank, leading to its collapse. This is on the heels said executive confessing to conspiracy and being sentenced to 30 years in prison.

Most reporting on “mortgage fraud” centers on one of two themes: Joe Average knew perfectly well he couldn’t afford the house and lied to get the mortgage in the first place; or robosigning was a just an unfortunate oversight caused by the sheer volume of foreclosures and nobody could reasonably predicted a problem. Both infuriate me. The first was only a small fraction of the foreclosures we have, and the second is merely a cover-up for the real mortgage fraud.

Let’s start from the beginning.

The buyer is told by an unscrupulous mortgage broker that he indeed does qualify for a mortgage, even though the mortgage broker knows that within 3 to 5 years, this buyer will have to refinance or go into foreclosure.
Some buyers — mostly minorities — are pushed into sub-prime mortgages despite the fact that they qualify for a better deal. They are at higher risk of foreclosure from day one and the mortgage broker knows it.
In some cases, a bait-and-switch occurs at the closing table. Either the documents presented are not what was promised, or only the first few pages reflect what the buyer was promised. The rest of the huge stack of paper the buyer must sign is at a higher rate or with worse terms.
The mortgages are sold to trusts, banks, insurance companies, pension funds, investment firms, Fannie Mae and Freddie Mac. They have been fraudulently represented as “performing” — that is, paying every month and likely to continue. Sometimes, these loans change hands multiple times. This is particularly true in an environment where some financial institutions have failed.
The original bank is now just the servicer, and they have every incentive to add fees, post payments late, deny short sales, deny mortgage modifications, and push the homeowner into foreclosure.
Meanwhile, in violation of the laws of every state in the union, they have failed to report the new mortgage holder at the county recorder’s office. After all, that costs money. Instead, they put together a private company to keep track of who owns what: MERS stands for Mortgage Electronic Registration System. The banking industry insists that this is fine, the law is quaint, this is the way everybody does things now, so the courts need to just accept it. Courts in several states have disagreed. Just because everybody goes above the speed limit doesn’t mean you won’t get a ticket.
The homeowner knows he is in trouble. He calls to ask about a mortgage modification. He is fraudulently told that they won’t even consider it unless he stops paying for 3 months. When the 3 month mark comes, the homeowner is in default and the foreclosure process is begun; it’s a race to see whether the modification or the foreclosure finishes first.
Default is where the robosigners finally come in to play. They have stacks and stacks of documents, some of which need to be fabricated because originals were shredded to hide fraud.
I would be remiss if I did not point out that in some cases, banks are foreclosing illegally: they foreclose on the wrong home, they foreclose without legal standing to do so, they foreclose in violation of a bankruptcy order, they foreclose on a member of our military who is serving overseas.
In the fallout, some financial institutions fail.
The banks turn around and sell the properties at absurdly low prices, sinking property values. In any other industry, they would face charges of dumping.

And there you have it. Robosigners and “people who should have known better” are only a very small part of the mess we now face.

Cross-posted at The Moderate Voice.

In closing: the center is further left; “don’t expose our law breaking trade secrets!”; odd recall; on austerity; women‘s issues; tied hands; seriously??; Pac-Man was supposed to be for girls; I’ve got a soft spot for VW, but this is not likely to be my next car; glad they can agree on something; Superman‘s citizenship and other issues; what are we hiding?; fix it; Matt Damon; and a picture: